German PPI’s Sharp Drop Lifts Peak-Rates Hopes

<p>The sharp fall in German producer prices is both a signal of easing inflationary pressures and a warning of a sharp slowdown in demand. The German producer price index fell by 1.1% in July, dwarfing the expected correction of 0.1%. Prices are 6% lower than a year ago, marking the sharpest annual decline since 2009. […]</p>
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